MATHS FOR FINANCIAL AND STRATEGIC ANALISYS
The objective of the course is the study of basic models of financial mathematics under certainty conditions, and aims at providing theoretical notions and operational capacities that enable to solve the main financial problem that arise in business and financial markets.
At the end of the course, the student will be able to solve the problems regarding the most common financial operations and the choice between several financial or business plans.
Solid understanding of algebra; Differential and integration calculus for function at one or two variables.
Basic financial calculus. Evaluation of cah flows. Accumulation plans. Amortization of loans: Annuities and loan amortizations under Italian and French plan.
Evaluation criteria for investments and financial projects. Discussion and limits of different models. Temporal indices and indices of variability. Duration. Bonds. The term structure of
interest rates. Elements of financial immunization. Elements of the portfolio theory.
R.L. D`ECCLESIA - L. GARDINI, APPUNTI DI MATEMATICA FINANZIARIA, Giappichelli.
Questions/exercises assigned; middle course exam, final exam: written and interview.